OREANDA-NEWS. On February 12, 2009 To actively attract the idle funds of the population to its deposit accounts, Aloka Bank had made the decision to raise a number of interest rates in its deposit product line.

Thus, starting 1 February 2009 the interest rate on the Communal Plus deposit is raised to 30%, on Alokada Yangi Yil, Alokachi, Bolajon, Vizitka, Yoshlar, Sayohat, Sog Buling, Tuyona, Bahtli Bolalik – to 26%, on Navnihol and Nihol – to 25%, and on Ochil Dasturhon, Takdim Etuvchiga – to 24%. Moreover, the bank has recently introduced a new deposit plan Sulim Kishlogim.

Today Aloka Bank offers more than 20 types of deposits with different deposit terms and interest rates, which allows the clients to choose the deposit with the most attractive terms and conditions, and interest earnings.

It is worth pointing out that according to the Legislation of the Republic of Uzbekistan on banking activity, population is provided guarantees on return of the deposits in banks. A new impulse in this direction was provided by the Presidential Decree of 28 November 2008 "On additional measures to guarantee the protection of citizens' deposits in commercial banks." According to the Decree, the payment of the compensation on citizens' deposits in commercial banks is guaranteed in full amount regardless of the size of deposit.